Nova Reports Third Quarter 2020 Results

Go back to Nova Reports Third Quarter 2020 Results

Nova Measuring Instruments (NVMI) Tops Q3 EPS by 10c, Revenues Beat; Offers 4Q EPS Mid-Point Guidance Above Consensus

November 12, 2020 8:13 AM EST

Nova Measuring Instruments (NASDAQ: NVMI) reported Q3 EPS of $0.57, $0.10 better than the analyst estimate of $0.47. Revenue for the quarter came in at $69.5 million versus the consensus estimate of $65.42 million.

Business Highlights:

Record quarterly revenue of $69.5 million, up 32% year-over-yearGAAP net income of $13.9 million, or $0.48 per diluted share, up 60%... More